141 Kelwood Lane, Cramahe, ON

$460,000
MLS#:X11880565
3 beds
1 baths
700-1100 sqft
7.0 parking
Residential Freehold
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Property no longer active

This property was sold on January 4, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of Rural Cramahe. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $460,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 3 Bedrooms and 1 Bathroom
  • Generous living space spanning 700-1100 sqft on a premium 246.94 x 91.51 ft lot
  • Features a unfinished, full basement, adding superb versatility for recreation, a home gym, or extra storage
  • 7.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: Sump Pump, Primary Bedroom - Main Floor, Water Softener
  • Efficient forced air heating via gas

Description

Nestled in the heart of Colborne, just a minute from Highway 401, this charming 1.5-storey detached home is perfect for first-time buyers, growing families, or downsizers seeking convenience and comfort. Built in 1930, the home features three bedrooms, including a main-floor primary bedroom for easy living, and a full bathroom. Situated on a spacious, country-sized lot with mature trees, this property has been lovingly landscaped to include a thriving vegetable garden. Recent updates include new flooring in select areas, fresh paint throughout, new water softener, a new roof on the detached garage, and new siding. The home is equipped with natural gas heating, a water heater, and a gas cook stove for added efficiency. The detached garage offers room for a workshop and a lean-to shed, providing ample space for storage and projects. With its combination of classic charm, modern updates, and a prime location, this home is ready for you to move in and make it your own. Floor plans and a copy of the survey are available for your convenience. Don't miss out on this Colborne gem!

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Property Summary

This detached home located at 141 Kelwood Lane, Cramahe is currently for sale and has been available on SousaSells for 590 days. This property is listed at $460,000 with an estimated mortgage of $1,531* per month. It has 3 beds, 1 bathroom, and is 700-1100 square feet. 141 Kelwood Lane, Cramahe is in the Rural Cramahe neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
3
Bathrooms
1
Kitchens
1
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJanuary 4, 2025
Sold price information is available to members only
Listed Date12/4/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style1 1/2 Storey
ConstructionVinyl Siding
BasementUnfinished, Full
Lot Size246.94 × 91.51 Feet
CountyNorthumberland
Annual Tax$2,295.5
Legal DescriptionPT LT 32 CON 2 CRAMAHE PT 1 & 2 38R2360 TOWNSHIP OF CRAMAHE

Parking & Garage

Parking Spaces7.0
Garage Spaces6
Garage TypeDetached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingNone

Features

Property Features

Cul de Sac/Dead End, Library, Park, Place Of Worship, Rec./Commun.Centre, School Bus Route

Interior Features

Sump Pump, Primary Bedroom - Main Floor, Water Softener

Security Features

Community Features

Location

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141 Kelwood Lane, Cramahe, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 141 Kelwood Lane, Cramahe, ON K0K 1S0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Cramahe.

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Interest Rate4.00%
Down Payment$138,000 (30.0%)
* Minimum Canadian down payment required for this price is $23,000.
Amortization Period30 Years
Estimated Monthly Payment$1,531Based on a loan of $322,000 over 30 years.
Purchase Price$460,000
Loan Amount$322,000
Provincial Land Transfer Tax:$5,675
Total Estimated Closing Taxes:$5,675

About Purchasing a Home in Cramahe, ON

For a property listed at $460,000 in Cramahe, the legal minimum down payment is $23,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $5,675 for this transaction. As this listing is in Cramahe (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $5,675.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Rural Cramahe, Cramahe.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$825,532

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

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Secondary Schools

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Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.